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For log normally distributed returns, annual compound returns equal
Breach of Contract
Occurs when one or more parties involved in a contract fail to fulfill their legal obligations as stipulated in the agreement, potentially leading to legal action for damages or specific performance.
Purchase Order
A document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.
Goods
Tangible, movable objects intended for sale or personal use, excluding real estate and intangible items.
Risk of Loss
The potential that an asset or investment will decrease in value or become worthless, also refers to the responsibility for damage or loss of goods in commerce.
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